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U.S. News and World Report released its latest list of the best places to retire in 2024. Cities in Pennsylvania dominated the list, while only one spot in Florida made it in. Smaller cities in Pennsylvania took seven of the top 10 spots, in part because they are more affordable relative to bigger metropolitan areas in the region. Only one of Florida's metropolitan areas made the top 10; it's possible that the relatively lower taxes were outweighed by the risk of hurricane flooding. Here are U.S. News' top 11 cities to retire, worth a look for their affordability and more.
Persons: , Beverly Harzog, Rowe Price Organizations: . News, Service, U.S . News, News, New, U.S . Locations: Pennsylvania, Florida, Harrisburg , Pennsylvania, Harrisburg, America, U.S, Florida's, New York
9 Moves to Help You Pay Off Credit Card Debt
  + stars: | 2023-10-31 | by ( Kerri Anne Renzulli | ) www.wsj.com   time to read: +14 min
More than half of all Americans are currently aren’t managing to pay their credit card bills in full each month, J.D. Power found recently, helping explain why we now owe a record $1 trillion in credit card debt. Request an interest rate reductionCall each of your credit card issuers and ask for a lower APR, advises Todd Christensen, education manager with Debt Reduction Services, a nonprofit debt counseling agency. Work with a nonprofit credit counseling agencyIf you’re struggling to make the minimum credit card payment required each month or already behind, reach out to a nonprofit credit counseling service for assistance. These organizations, typically members of the Financial Counseling Association of America or the National Foundation for Credit Counseling, will review your finances and credit card debt to help you better manage your budget and repayments.
Persons: Kerri Anne Renzulli, Power, you’ve, You’ll, Experian, Beverly Harzog, , Todd Christensen, John Ulzheimer, you’ll, you’re, Bruce McClary, Says Organizations: Mint, Debt, Surveys, TK, nab, Consumer Financial, Financial, Association of America, National Foundation, Credit, Credit Counseling Locations: FICO
Between out-of-control inflation and the Federal Reserve's attempts to temper it with rate hikes, just about everything in America became more expensive in 2022 — including credit card debt. Credit card interest rates soared in 2022, and they did so with mind-boggling speed. According to Bankrate, credit card rates had the steepest single-year increase since the company began tracking them in 1985. This means that if you have any credit card debt, it's become more expensive than ever. Get a balance transfer credit cardA balance transfer allows you to move debt from a high-interest credit card to one with a promotional 0% APR period.
How to Improve Your Credit Score, According to Experts
  + stars: | 2022-10-12 | by ( ) www.wsj.com   time to read: +10 min
That’s why we asked three credit experts what they think of common credit score tips—and how you can really make the most of them. In the scenario above, if you doubled your credit limit—or got an additional credit card with the same credit limit—your credit utilization would go down to 5%. What experts say: Experts agree that getting more available credit can indeed help your credit utilization and credit scores. You might see positive changes to your credit as soon as your new credit limit makes it to your credit report. Some of the easiest options include becoming an authorized user on a family member’s credit card or applying for a secured credit card, which involves depositing money with the credit card issuer.
How to Cancel a Credit Card
  + stars: | 2022-08-24 | by ( ) www.wsj.com   time to read: +9 min
If you have a metal credit card, return it by mail to the credit card issuer—your bank can send you a prepaid envelope at your request. According to popular credit advice, cancelling a credit card is a bad idea since it can hurt your credit. Say, you have two credit cards with a $2,000 credit limit and a total of $500 in credit card debt. First, if you have another credit card, you can try to request a credit limit increase to make up for the loss of available credit. Keep in mind, however, that a credit card application triggers a hard inquiry on your credit report, which can cost you some credit points.
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